$BNB /USDT is currently trading at $619.01, showing a +2.66% increase over the last 24 hours. Here's a quick analysis based on the daily chart:
24h High: $619.92
24h Low: $599.91
Trend: BNB has formed a strong bullish pattern recently, breaking past recent resistance levels and showing a steady upward move.
Volume: There's a modest increase in volume, supporting the upward momentum.
Key Levels to Watch:
Resistance: Around $620โ$625 (watch for a breakout with volume)
Support: $600 and then around $580
If it breaks and holds above $620 with volume, we could see further upside. If it faces rejection here, a short-term pullback might occur.
$BNB /USDT Signal โ Spot/Leverage
Entry: $618โ620
Target 1: $635
Target 2: $650
Target 3: $670
Stop Loss: $595
Confidence: Medium-High
Timeframe: Short-Term (1โ3 days)
Reasoning:
BNB has broken a key resistance level near $610 and is showing bullish momentum with increasing volume. If it sustains above $620, further upside is likely.